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Europe wary of Turkish hub to hide gas 'made in Moscow'

President Vladimir Putin's plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel from other sources, but that might not be enough to persuade Europeans to buy, analysts and sources said.

read more... 01/12/2022

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France facing tight power supply situation in winter

France is gearing up for a "tight" power supply situation but will not necessarily face cuts this winter, the head of French energy regulator RTE said on Thursday.

read more... 01/12/2022

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Daily (30.11.2022): European carbon prices rose on Tuesday due to strong auction demand

Oil prices were volatile on Tuesday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude slipped 0.1% to $83.03 a barrel. However, WTI oil traded 1.2% higher at $78.20 a barrel amid rising demand and decreasing crude oil inventories in key consuming nations.

read more... 30/11/2022

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Ofgem sets out UK grid investment package

Ofgem has confirmed a five-year investment package for the electricity distribution network companies, which it says will help deliver cheaper, cleaner, more reliable local grids at no extra cost to consumers.

read more... 30/11/2022

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OPEC decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited

The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.

read more... 30/11/2022

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